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Intel, Lip-Bu Tan

Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says 'Clearly, There Are No Quick Fixes,' But Investors Should 'Stay Tuned'

Intel CEO Lip-Bu Tan says there are "no quick fixes" as the company works through a long-term turnaround strategy amid a 64% stock drop over five years.

TechFinancials on MSN · 2h

A Message From Intel CEO Lip-Bu Tan To All Company Employees

The following note from Lip-Bu Tan was emailed to all Intel Corporation employees on April 24, 2025:

SiliconANGLE · 6h

Intel’s stock dives on lower guidance as new CEO Lip-Bu Tan outlines long-term vision

Today’s earnings call is notable as the first for the company since Lip-Bu Tan (pictured) took over the reins as the company’s new chief executive. He joined the company in March, ending its months-long search for a successor to previous CEO Pat Gelsinger, who was forced to resign in December amid pressure from board members and investors.

Intel Plans To Slash Over 20% Of Workforce

Intel plans more workforce reduction. Folsom offices laid off over 1,000 so far

Intel CEO Lip-Bu Tan wrote Thursday in a memo to employees he's a big believer in “the best leaders get the most done with the fewest people.”

Inc. on MSN · 1d

Why Intel Reportedly Plans to Lay Off 20 Percent of Its Workforce

Intel’s brand-new CEO took a big step in his effort to turn the chipmaker around, slashing costs by shedding 21,000 workers.

Seattle Times · 1d

Intel to announce plans this week to cut over 20% of staff

Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.

1h

Intel CEO Lip Bu Tan Takes Bold Steps To Revive Chipmaker, Says Bureaucracy Is 'Suffocating The Innovation'

Intel Corp. CEO Lip Bu Tan is taking action to revive the struggling chipmaker, announcing significant organizational changes ...

1hon MSN

Intel is joining the hardcore tech bandwagon: 'The best leaders get the most done with the fewest people'

The CEO's Thursday memo reflects a broader cultural crackdown across tech.

7hon MSN

Intel going back to its roots, but latest plans will be costly and stock tumbles on outlook

Intel Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action ...

7h

Intel CEO pledges to get nimble by cutting layers, bureaucracy

The Sacramento Inno Awards is a recognition and celebration of innovation in the Sacramento region and the people and ...

8hon MSN

Intel plans ‘several months’ of job cuts as sales keep falling

Now, Intel is also coping with the fallout from the Trump administration’s trade war. Tariffs could make it more expensive to ...

Benzinga on MSN1d

Intel Plans To Slash Over 20% Of Workforce As Lip-Bu Tan Carries Out Major Restructuring: Report

Intel is preparing to cut more than 20% of its workforce in a sweeping overhaul led by newly appointed CEO Lip-Bu Tan, ...

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